Question

Which of the following methods charges an equal amount of depreciation every year?

Options

• Written Down Value Method

• Straight-Line Method

• Sum-of-the-Years-Digits Method

• Double Declining Balance Method

Answer 1

Straight-Line Method

Explanation:

Under the Straight Line Method (SLM), the same amount of depreciation is charged each year on the original cost of the asset, spreading the expense evenly across its useful life.